One thing that has to be said for Metaquotes is that they are definitely putting in effort when it comes to promoting the three year old Metatrader 5 platform and enhancing its features. Upgrades include integration will multiple feed providers and a social trading network.
However, until recently, of major brokers, only Alpari had begun to offer it to clients. Today, Admiral Markets announced that it is launching the platform for its clients. While not as large as Alpari, with offices in 27 countries and a strong presence in Central and Eastern Europe, the addition of Admiral Markets as an MT5 client is a notable achievement for Metaquotes.
While MT5 has been around for a while it really isn’t an upgrade to MT4 as much as a completely new platform for brokers to run. As such, brokers have been slow to begin offering it. However, just like many brokers such as eToro, GFT, and Forex.com have succumbed to demand and begun to offer MT4 along with their proprietary platforms, we could slowly see the same process begin to occur with MT5.
Admiral Markets Group launches MetaTrader 5 for live trading
Institutional level trading options are now available for retail customersThe Admiral Markets Group as one of the first major online Forex brokers today launched the trading platform MetaTrader 5 (MT5) for live trading. This expands the range of trading platforms offered by the Admiral Markets Group further, with MetaTrader 4 and the CFD trader already available.
MetaTrader 5, successor to the popular analytical and trading platform MetaTrader 4, offers retail Forex traders many features that were previously only available on institutional level platforms. “MetaTrader 5 is a true multi-market platform that allows for cross-market analysis of trading opportunities as well as for precise evaluations of available trading volumes”, says Dmitri Laush, Vice President of the Admiral Markets Group. “We are proud to introduce MetaTrader 5 this October, and thereby to make the institutional world of professional trading available to individual investors.” The platform can integrate different financial markets, therefore accommodating not only Forex trading, but also CFDs, options, futures and stocks.
The innovative MT 5 sets new standards in automated trading by integrating it directly into the platform. Expert Advisors – algorithmic trading programs that analyse Forex quotes and execute trade operation automatically – can be created, debugged, tested, optimized and run in the platform’s Integrated Development Environment. The high-level MQL5, a powerful and flexible programming language developed specifically for MetaTrader 5, enables users to create complex customized software.
Similar to its predecessor, MetaTrader 5 continues the tradition of an extensive social community dedicated to sharing unconfined knowledge about the programming of automated trading strategies, handy trading scripts and convenient trading dashboards. The Codebase contains thousands of free-to-use programs written by individual traders – and is conveniently accessible right from the trading terminal. Entirely new is the cloud network in the MQL5 community: Here users can sell spare working capacity of their computers to other members of the network, for example to run tests of Expert Advisers. This allows clients to profit from activities closely related to the financial markets even without placing a single trade.
The new Admiral.MT5 account has been introduced by the Admiral Markets Group specifically for trading on the MetaTrader 5 platform. In the beginning, it will offer 50 currency pairs for trading and a leverage of up to 1:100. “In the foreseeable future, we will extend the range of instruments available on Admiral.MT5 dramatically. The first additions will include precious metals and CFDs. Later, the offer will be complemented by stocks “, reveals Laush. “We believe that easy access to various markets from one single platform and a set of presently must-have features – such as one-click trading, order book, advanced charting and mobile trading features – are the key to well informed trading decisions”, he concludes.
About the Admiral Markets Group
With 12,000 active clients and a total monthly trading volume of $35 billion, the Admiral Markets Group is a leading online Forex trading provider, as well as an emerging trading platform for precious metals, CFDs, stocks and fossil fuels. Since its foundation in 2001, the Admiral Markets Group has continually expanded its range and reach. In 2011 alone, the company experienced a growth of 70 percent. Today the Admiral Markets Group offers its services in 35 countries worldwide through its regulated trading companies, with Admiral Markets AS and Admiral Markets PTY holding licenses in the EU and Australia respectively. The company employs a staff of around 200 people globally. Recognizing its growth and success, the Admiral Markets Group was awarded the “Best FX Broker for the Baltic Region” and the “Best of the Best” Award by The New Europe magazine in 2012.Contact
Franziska Roscher
PR Manager
email: franziska.roscher@admiralmarkets.com
phone: +44-20 81 44 62 28
Metaquotes, why not add a MT4 converter to MT5 so that people can make the switch easier?